Nudging your way to a higher retirement income

IFS lists the challenges facing the UK pensions system

clock • 8 min read

Adrian Boulding explores the concept of nudging savers towards building a higher retirement income, including the self-employed section of the workforce...

Last month, the Institute of Fiscal Studies published its 37-page Pensions Review paper entitled ‘Challenges for the UK pensions system: the case for a pensions review'. The new IFS-led review is supported by the Abrdn Financial Fairness Trust and has received valuable input from luminaries from the world of politics and the pensions industry including Alastair Darling, David Gauke, Mubin Haq, Joanne Segars and David Sturrock. It will run for two years. Many have speculated that this review is happening because of the lack of enthusiasm from both major political parties to fund a full...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why the real problems of the pensions dashboard are yet to start

Why the real problems of the pensions dashboard are yet to start

'Its aims seem not only less relevant but potentially problematic'

James Floyd
clock 23 June 2025 • 5 min read
Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read